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Flushing Financial Corporation announces developments as the bank holding company for Flushing Bank, a New York State-chartered commercial bank serving Queens, Brooklyn, Manhattan and Long Island. Recurring updates cover net interest income and margin, deposit mix, loan origination and pipeline activity, asset quality, and common stock dividends.
The company’s news also includes branch and community-banking developments, including expansion in Manhattan, and corporate governance or shareholder matters tied to its public-company status. Flushing Bank offers deposit, loan, equipment finance and cash management services, with real estate lending as a central banking activity.
Flushing Financial Corporation (Nasdaq: FFIC) will release its second-quarter 2020 earnings on July 21, 2020, after market close. A conference call with CEO John R. Buran and CFO Susan K. Cullen is scheduled for July 22, 2020, at 9:30 AM ET to discuss results and strategies. The call can be accessed at 1-877-509-5836 or via webcast. Flushing Bank, a New York State-chartered entity, provides comprehensive banking services, focusing on real estate lending both in the New York City area and beyond.
Flushing Financial Corporation (Nasdaq: FFIC) announced that Flushing Bank has participated in the FHLBNY Small Business Recovery Grant Program, aimed at supporting local businesses and non-profits affected by the COVID-19 crisis. The Bank will distribute grant funds to alleviate financial hardships faced by these organizations, emphasizing its commitment to community support and economic recovery. President John R. Buran highlighted the role of small businesses and non-profits in revitalizing local economies as essential to recovery efforts.
Flushing Financial Corporation (Nasdaq: FFIC) announced a quarterly dividend of $0.21 per common share, payable on June 26, 2020, to shareholders of record as of June 12, 2020. President and CEO John R. Buran emphasized the company's strong capital position and commitment to delivering long-term value to shareholders. The bank offers various financial services across New York City, focusing on real estate lending and online banking solutions.
Flushing Financial Corporation (Nasdaq: FFIC) announced its approval to participate in the FHLBNY Small Business Recovery Grant Program on May 14, 2020. This initiative aims to support local small businesses and non-profit organizations in their market areas. President and CEO John Buran emphasized the importance of small businesses in economic recovery. Flushing Bank is committed to providing essential resources to foster community development amidst challenging times.
Flushing Financial Corporation (Nasdaq: FFIC) will hold its 2020 Annual Shareholder Meeting virtually on May 26, 2020, at 1:00 p.m. ET due to COVID-19 precautions. Shareholders, who must register using a 16-digit control number, will be able to vote and submit questions online. The meeting can be accessed starting at 12:45 p.m. ET. If shareholders have submitted proxies, their votes will be counted as instructed. Technical support will be available for attendees. Further details can be found on the company’s investor relations website.
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